Management Team

FMDQ CLEAR MANAGEMENT TEAM

The FMDQ Clear Management Team is made up of experienced professionals working together to actualise the vision of the Company.

  • Mr. Ayodele Onawunmi

    Managing Director

    Mr. Onawunmi is the Managing Director of FMDQ Clear Limited. He also serves as a Non-Executive Director on the Boards of FMDQ Securities Exchange Limited, FMDQ Depository Limited, FMDQ Private Markets Limited, and iQx Consult Limited. Prior to joining FMDQ Clear Limited, he was the Managing Partner of 213 Capital, an African-focused investment and risk advisory firm.

    Mr. Onawunmi holds a Master's degree in Finance from London Business School, United Kingdom, and a Bachelor's degree in Basic Medical Sciences from the University of Ibadan, Nigeria. He has over twenty-three (23) years of experience in Trading, Corporate & Investment Banking, Pension Fund Management and Financial Market Consulting in various organisations, including Access Bank PLC and Chapel Hill Denham Group.

  • Mr. Segun Akintoye

    Senior Vice President

    Mr. Akintoye is the Head, Operations Division of FMDQ Clear Limited, comprising three (3) Groups – Clearing & Settlement Operations, Treasury Operations, and Risk Operations.

    He holds a Bachelor's degree in Chemical Engineering from the Federal University of Technology Owerri, Nigeria. Over the last fifteen (15) years, Mr. Akintoye has built his career across, Asset Management, Consulting, and Data Analysis within various organisations, including Diamond Securities Limited and FDHL Group.

  • Mr. James Daves
    Vice President

    Mr. Daves is the Head, Clearing Risk Management Division of FMDQ Clear Limited, comprising two (2) Groups – Collateral Management and Member Management.

    He has a Master's degree in Economics from the University of Texas at Dallas, Texas, USA; and a Bachelor of Science degree in Analytical Chemistry from the University of Lagos, Lagos State, Nigeria.

    Mr. Daves has garnered over fifteen (15) years of work experience spanning Risk Management, Operations, Compliance, Strategy, and Human Resources, from various organisations such as Data Bridge Consultants LLC, Central Securities Clearing Systems PLC, and Oceanic Bank International PLC (now Ecobank Nigeria Limited). Prior to joining FMDQ Clear Limited, he was the Head, Risk Management, Strategy & Compliance at NG Clearing Limited.

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